People’s Bank of China – Page 2 – China Speakers Bureau

Financial Commission: another pillar in China’s new government structure – Victor Shih

Xi Jinping has been building up a new government structure and the just-installed Central Financial Commission will be key in making financial decisions for the central government, says political analyst Victor Shih in the Financial Times. The “de facto watchdog, planner, and decision maker for China’s US$61tn financial sector, weakening the power of state institutions such as the People’s Bank of China and China Securities Regulatory Commission.”Read More →

Why using a digital currency is a no-brainer for China – Sara Hsu

While most of the world is still investigating and trying ways to use a digital currency for their countries, this is more than obvious for China, says fintech expert Sara Hsu in the Raconteur. China is already close to being cashless and many places no longer accept notes and coins. Read More →

Continued goverment support for economy expected – Ben Cavender

China’s central government surprised this week by supporting its economy by a string of measures including cutting interest rates. Financial analyst Ben Cavender expects more action in the coming months, but meanwhile, foreign investors get jibberish and that might offer great opportunities for other economies like India, he adds at CNBC-TV18.Read More →

China needs to do more to get users for the digital yuan – Winston Ma

China financial authorities have started to introduce the digital yuan in January, but financial analyst Winston Ma sees more has to happen to seduce a billion Chinese internet users to use the virtual currency, he tells at CNBC. And what is the goal of China’s central bank?Read More →

Why the Evergrande collapse did not happen – Sara Hsu

Almost half a year ago the real estate giant Evergrande started to fall apart under its 300 billion US dollar debts, but the collapse – expected by many – has not yet emerged. Financial analyst Sara Hsu explains in the Commercial Observer why this collapse has not happened.Read More →

Why China banned cryptocurrencies on a national level – Winston Wenyan Ma

After provincial authorities started to limit operations of cryptocurrencies earlier this year, last week a full ban was issued by 10 ministries. Financial analyst Winston Wenyan Ma explains Bloomberg what the central government is doing to cryptocurrencies, the relation with the upcoming digital currency and its possible fallout on a global level.Read More →

Debts will hang over China, even when Evergrande might be solved – Sara Hsu

Debts hanging over China are far more structural and the possible demise of property giant Evergrande is only a symptom of a much larger problem, says fintech expert Sara Hsu according to the Market Research TelecastRead More →

China will push ahead with digital currency – Winston Ma

China is on track to launch its digital e-yuan currency ahead of the Beijing 2022 Winter Olympics, despite major shocks like the possible demise of financial giant Evergrande, says financial expert Winston Ma at The Street.Read More →

What is next for foreign investors in China? – Winston Wenyan Ma

China’s authorities have been cracking down on cryptocurrencies, educations, gaming, health care, data, and platforms. Financial analyst Winston Wenyan Ma looks at how foreign investors can navigate through the bloody battlefield for Bloomberg.Read More →

The global fallout of China’s new regulations on crypto currencies – Winston Ma

China issued new regulations on mining and trading of cryptocurrencies over the past few weeks. Financial analyst Winston Wenyan Ma explains how this works out, and why China’s crackdown has such a big impact on the industry worldwide, at LCX. China now covers 70% of the global market.Read More →

Governments will outlaw crypto currencies when they become too powerful – Jim Rogers

When cryptocurrencies like bitcoins become too powerful, governments will simply outlaw them, says senior investor Jim Rogers to Kitco. They will not accept competition for their currencies.Read More →

Jack Ma: yes, a dressing down, but no real problems – Shaun Rein

Western media have been speculating about the whereabouts of Alibaba’s founder Jack Ma after he disappeared from the limelight months ago. Ma did get a dressing down from the government after he ushered criticism, says Shanghai-based business analyst Shaun Rein to AP. Ma is laying down, but there is no reason he is in real problems, Rein adds.Read More →